Associate – Controllership Job Vacancy in JPMorgan Chase Bank, N.A. Bengaluru, Karnataka – Latest Jobs in Bengaluru, Karnataka
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Company Name : JPMorgan Chase Bank, N.A.
Location : Bengaluru, Karnataka
Position : Associate – Controllership
Job Description : About Us
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.
Job Description
The position is within the EMEA local Regulatory reporting team based in Bangalore. The group is a service-orientated business comprised of specialised individuals with knowledge and expertise in understanding, managing and delivering financial information to regulators. The group is also dedicated to adding value and improving efficiency, quality and controls.
The core responsibilities of the team are
Assist team in preparation of the firm’s reporting requirement to the German Central Bank (JPMAG)
Ensure timely and structured recons are performed while displaying strong understanding of the control framework around recons and break resolution/investigation
Assist in the identification and completion of manual workarounds, where necessary, to ensure completeness and accuracy of outputs in the operating and processing model
Review monthly and quarterly variances, investigate tends and work effectively with the Germany team to obtain and document business commentary for management
Partner with the local Regulatory Project team on new releases and assist the AG team with review of trade flows for new business initiatives
Preparation and review of regulatory reports/submissions for JP Morgan entities as per US GAAP / IFRS requirements on monthly & Quarterly basis
IFRS adjustment analysis and mapping to FinRep templates & Statistical reporting
Support various lines of business & Legal entity controllers with performance reporting and other query resolution especially on regulatory reporting
The successful candidate will assist in the successful implementation of the FinRep project and will have the following responsibilities:
Preparation and review of regulatory reports/submissions for JP Morgan entities as per US GAAP / IFRS requirements on monthly & Quarterly basis.
IFRS adjustment analysis and mapping to FinRep templates & Statistical reporting.
Mapping of financial information to relevant FinRep templates & Statistical reporting;
Support various lines of business & Legal entity controllers with performance reporting and other query resolution especially on regulatory reporting.
Ensure any defects are raised, monitored and re-tested for user acceptance
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
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